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Katherine Hahn McLain Appointed President of Entrust Administration

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01-09-2006

For Immediate Release 

OAKLAND, CA. -- Entrust Administration, Inc., a leader in the third-party administration of qualified retirement plans, today announced that the board of directors appointed Katherine Hahn McLain as president of the company. McLain was most recently the firm's chief administrative officer (CAO).

McLain, who joined Entrust in August 2005 after working in positions of increasing responsibility at financial services companies like Providian Financial and Wells Fargo and BServ, Inc. (Bankserv), will supervise business development and operations for the company.

While at Bankserv, a fast-growing provider of payment and electronic funds transfer solutions, McLain, a member of the State Bar of California, oversaw all contract negotiations for businesses, non-profits, and financial service clients and reported directly to the CEO.

Commenting on the appointment, Hubert Bromma, CEO of Entrust, said McLain's impressive financial services experience will help the company as it expands operations throughout the US and the rest of the world. "Katherine has an exceptional understanding of financial services, and will be a key member of the Entrust team as we continue to expand the size and scope of our business," Bromma stated.

"I look forward to expanding my responsibilities and helping Entrust to continue to grow its client base across the world," noted McLain.

Entrust manages about $2 billion in assets for corporations and individuals that seek to self direct their investments in mostly non-traditional assets, such as real estate, notes and private placements, in their retirement accounts. When uninvested, funds are held in FDIC-insured institutions and US Treasuries.

Media Contact: Jeff Siegel, Monarch Communications 516-569-4271